Aegis Business Credit is proud to announce the closing of a $1,750,000 working capital revolver for a Texas-based limestone quarry operator and fabricator.
The Company is the largest limestone quarrier, supplier and fabricator in the Southwest. They have been providing architects, masons, builders and consumers with raw slab block, architectural cut stone and custom designed products for over 30 years. The Company continues to evolve and expand its capabilities and as a result needed to restructure its debt to allow for additional working capital and equipment financing for a new mill facility. Aegis partnered with the Company to provide a new revolving line of credit to allow for growth and working capital flexibility during the build-out of its new production line which will achieve significant efficiencies and allow the Company to enter new markets. Aegis worked closely with the Company’s management team, consultants and other term debt lenders to structure a facility that will allow the business to execute on its growth strategy.